TechFlow reported that Web3 security startup CredShields announced the completion of a $1 million strategic funding round, with participation from Draper Associates. To date, the company has raised a total of $1.8 million.
The company currently offers Web3 security services, providing solutions to protect digital assets and ensure the integrity of blockchain-based transactions. The new funds will be used to accelerate the development of SolidityScan, its automated tool for streamlining smart contract audits.




